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Greetings, I have two Excel financial spreadsheets (see attached) that need to be modified to include stock splits/reverse splits. You need to be familiar with both stock and option (specifically "Covered Calls") trading as the upcoming Reverse split will affect both the stock and the option.
The spreadsheet needs to have a dropdown box labeled "Split Ratio" with two boxes to fill in the split information, as well as a "Stock Split Date". Please see attached picture for this option in another program I use.
I am also attaching a PDF on stock splits which will help to explain what is happening with my FAS stock. The stock is reverse splitting at a ratio of 1 for 5. So I will end up with 1 share for every 5 that I currently have, and those shares will be worth approximately 5 times what they are worth now. The options will keep the same number, but will control 1/5th the number of shares that they did before.
The new spreadsheet needs to continue to keep track of the "Actual Retur...
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